Iceland: The case for a currency board with a euro reserve
Published 5 June 2018 Lars Jonung and Fredrik NG Andersson Iceland should abandon the flexible exchange rate of the króna as well as their present policy of inflation targeting – in favour of a currency board with a truly fixed exchange rate of the króna to the euro. The euro should be used as the reserve currency of Iceland. This recommendation is given in a new report, Lessons for Iceland from t
https://www.lunduniversity.lu.se/article/iceland-case-currency-board-euro-reserve - 2025-01-09